In this Act, unless the context otherwise indicates—

"agriculture"

means the utilisation of the means of production and the utilisation by man of the natural agricultural resources for the production of, among other things, sufficient food, fibre and drink of quality;

"chairman"

means the person appointed in terms of section 11(1) as the chairman of the Council;

"Council"

means the Council referred to in section 8(1);

"development"

means the activities by which knowledge acquired through research is utilised;

"Executive Management Committee"

means the Executive Management Committee referred to in section 16;

"financial year"

means the period from 1 April in any year to 31 March in the next succeeding year;

"industry"

means any industry involved in the processing of agricultural products in such fields as the Minister may determine by notice in the Gazette;

"invention"

includes the development, in whatever way, of new animal breeds, plant cultivars and other organisms;

"Minister"

means, subject to the provisions of section 6, the Minister of Agriculture;

"president"

means the person appointed in terms of section 18 as the chief executive officer of the ARC;

"regulation"

means a regulation made in terms of this Act;

"research"

means the furtherance, accumulation and improvement of knowledge in the agricultural and related sciences through original and other investigations and methods of a scientific nature with the advancement of agriculture as its object;

"technology transfer"

means the transfer of knowledge, and techniques and processes for the application thereof;

"the ARC"

means the Agricultural Research Council established by section 2;

"this Act"

includes a regulation;

"trust"

means a trust as contemplated in the Trust Property Control Act, 1988 (Act No. 57 of 1988).

[Definition inserted by section 1 of Act No. 174 of 1993]